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Economic Development

Economic Development

A world where all children live in sustainable communities

Poverty is complex. It is far more than the lack of income and resources to ensure a sustainable livelihood. Its manifestations include hunger and malnutrition, limited access to education and other basic services, social discrimination and exclusion as well as the lack of participation in decision-making. Solutions are equally complex and interlinked, but at a basic level economic growth must be inclusive to provide sustainable jobs and promote equality.

The impact of extreme poverty on children’s development is significant. The prevalence of malnutrition among young children from developing countries is approximately 2.5 times higher in the poorest families compared with the richest[1].

These facts are further compounded by the predictions that climate and disaster risk impacts will push an estimated 325 million poor people further into extreme poverty in some of the poorest and most fragile contexts over the next decade[2].

Economic empowerment: a path to hope

Care for Children & Old Age International’s global reach and focus on livelihoods has enabled lasting change to take place in the lives of families. In 2016 alone, for example:

Our livelihoods work extends to more than 53 countries through at least 821 programmes, investing more than $200 million annually to promote productive and resilient livelihoods benefitting approx. 12 million people.

WV Sri Lanka’s 2 year graduation programme impacted over 240 000 children and their families resulting in big nutrition gains including: underweight decreasing from 25% to 23%, stunting from 27% to 25% and wasting from 20% to 14% amongst children under age five.

Our projects provided 1.44 million small loans to 1.2 million families, benefitting nearly 4.3 million children and creating more than 1.8 million jobs from small business enterprises.

Work With Us

Whether you decide to get involved with one of our many projects, or help out in campaigning for our projects, the time and energy you invest will make an incredible difference to the lives of people in desperate need.

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